MCY Stock Recent News

Tips to Help Families Stay Safe and Ready During Wildfire Awareness Month LOS ANGELES , May 9, 2025 /PRNewswire/ -- In recognition of Wildfire Awareness Month, Mercury Insurance is sharing timely, practical guidance to help families prepare for potential evacuations. From building a go-bag to making a communication plan, these simple steps can help you act swiftly and decisively in the face of danger.

MCY's Q1 results reflect higher net premiums earned and average invested assets, offset by wider catastrophe losses and higher expenses.

Mercury General (MCY) came out with a quarterly loss of $2.29 per share versus the Zacks Consensus Estimate of a loss of $4. This compares to earnings of $0.78 per share a year ago.

LOS ANGELES , May 6, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the first quarter of 2025: Consolidated Highlights Three Months Ended March 31, Change 2025 2024 $ % (000's except per-share amounts and ratios) Net premiums earned (2) $     1,283,069 $     1,166,679 $     116,390 10.0 Net premiums written (1) (2)  $     1,314,380 $     1,284,984 $       29,396 2.3 Net realized investment gains, net of tax (3) $         18,424 $          30,172 $     (11,748) (38.9) Net (loss) income $      (108,327) $          73,462 $   (181,789) (247.5) Net (loss) income per diluted share $            (1.96) $              1.33 $         (3.29) (247.4) Operating (loss) income (1) $      (126,751) $          43,290 $   (170,041) (392.8) Operating (loss) income per diluted share (1) $            (2.29) $              0.78 $      ?

Earth Month is the Perfect Time to Start Living Sustainably LOS ANGELES , April 30, 2025 /PRNewswire/ -- Reducing your carbon footprint and creating an environmentally friendly living space starts at home — literally. From building materials and appliances to water filtration systems, there are a number of ways you can upgrade your home and make a positive impact on the environment, your health and your wallet.

A guide to budgeting, researching and choosing a vehicle that fits your life and wallet LOS ANGELES , April 28, 2025 /PRNewswire/ -- Shopping for a new or used vehicle requires a great deal of research encompassing many different considerations. Due to a number of factors — and according to PBS — the average length of car ownership has accelerated to almost 13 years, making your search for a new ride a rare and important "life experience.

Safe Driving May Also Offer Savings on Auto Insurance LOS ANGELES , April 25, 2025 /PRNewswire/ -- Each year, 1.19 million people are killed on roadways around the world, according to the U.S. Centers for Disease Control and Prevention. Traffic collisions are the leading cause of death for individuals ages five to 29.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Recognition Highlights Mercury's Commitment to Team Members Growth and Company Culture LOS ANGELES , April 16, 2025 /PRNewswire/ -- Mercury Insurance has been awarded a spot on the Forbes list of America's Best Midsized Employers for 2025. This prestigious recognition is made in collaboration with Forbes and Statista, the world-leading statistics portal and industry ranking provider.

Mercury General stock gains from rate increases, higher average invested assets, financial flexibility, favorable estimates and attractive valuation.